Canara Bank shares fall more than 6% after Q2 results
In short
Canara Bank shares opened at ₹124.65, just below the previous close of ₹124.85, and then slid more than 6% to ₹116.80. That level was close to the stock’s 52-week low of ₹116.55 on October 1.
The move matters because it hit the lender’s stock price after its Q2 results. But the exact numbers behind the results, and the reason for the drop, are not stated in the available reporting.
What the reporting says
Canara Bank shares opened at ₹124.65 versus the previous close of ₹124.85 and then dropped more than 6% to ₹116.80, near the 52-week low of ₹116.55 on October 1. The publisher summary ties the move to Q2 results, but the available reporting does not give the specific results or the reason for the selloff. The immediate effect was a sharp share-price decline.
Why it matters
Canara Bank’s share price fell more than 6% to ₹116.80 after its Q2 results, according to the publisher summary, leaving the stock close to its 52-week low of ₹116.55. The report provides only the share-price move and starting price levels, not the earnings details or the precise catalyst. The immediate market impact was negative for the lender’s stock.